Investment manager chair retiresBY DARREN SNYDER | FRIDAY, 30 NOV 2018 12:12PM
The chairman at one of Australia's largest institutional investors, and a long-time industry superannuation fund advocate, will retire next week.
Read more: IFM Investors, ANZ, The New Daily, Royal Commission, Garry Weaven, ISA - Industry Super Australia, Alison Larsson, ACTU, AustralianSuper, Cath Bowtell, Federal Government, Financial Standard, Grant Dempsey, Greg Combet, IFS - Industry Fund Services, Linda Rubinstein, Murray Bleach, Productivity Commission
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AXA Investment Managers' head of Framlington Equities for Asia left the business at end of May, the manager confirmed.
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Superannuation is working effectively to support members of all ages, genders and income levels, new research from the Association of Superannuation Funds of Australia shows.
According to the new Value of an Adviser report by Russell Investments, financial advisers deliver value of at least 4.4% or more every year to their clients beyond investment-only advice.
A portfolio manager artificially inflated a fund's returns and collected a large bonus on the back of it, the US corporate regulator alleged.
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